The five-building Richmond Business and Medical Center at 2000 Bremo Road near St. Mary’s Hospital sold for $12 million. (Mike Platania photos)
With two deals in two months, an out-of-town real estate investor has completed a double-dip in Richmond.
Feldman Bergin Properties purchased the five-building Richmond Business and Medical Center at 2000 Bremo Road near St. Mary’s Hospital for $12 million.
The Oct. 15 deal comes on the heels of the three-year-old Bethesda, Maryland-based firm’s purchase last month of the 17th Street Lofts apartments in Shockoe Bottom for $3.2 million.
“With these recent acquisitions, we have symbolically planted our flag in the (Richmond) marketplace and fully intend to pursue additional real estate opportunities,” Evan Feldman, the firm’s co-founder, said in a prepared statement.
The office park is Feldman Bergin Properties’ second deal in the region in as many months.
The 9.7-acre medical office park spans just under 106,000 square feet. It’s 92 percent occupied with tenants including Dominion Eye Associates, Insight Physicians and the Cataract & Refractive Surgery Center.
The seller in the deal was another Bethesda-based commercial real estate firm, The Premier Cos. It had owned the property since 2006, when it paid $9.5 million, according to county records.
Premier Cos. has a handful of other local holdings, including the Meadowbrook Plaza Shopping Center in Chesterfield and the Premier Tech Center in Henrico.
The Richmond Business and Medical Center was most recently assessed by Henrico County at $10.1 million. Colliers International’s Will Bradley and Mark Williford represented The Premier Cos. in the deal.
The five-building Richmond Business and Medical Center at 2000 Bremo Road near St. Mary’s Hospital sold for $12 million. (Mike Platania photos)
With two deals in two months, an out-of-town real estate investor has completed a double-dip in Richmond.
Feldman Bergin Properties purchased the five-building Richmond Business and Medical Center at 2000 Bremo Road near St. Mary’s Hospital for $12 million.
The Oct. 15 deal comes on the heels of the three-year-old Bethesda, Maryland-based firm’s purchase last month of the 17th Street Lofts apartments in Shockoe Bottom for $3.2 million.
“With these recent acquisitions, we have symbolically planted our flag in the (Richmond) marketplace and fully intend to pursue additional real estate opportunities,” Evan Feldman, the firm’s co-founder, said in a prepared statement.
The office park is Feldman Bergin Properties’ second deal in the region in as many months.
The 9.7-acre medical office park spans just under 106,000 square feet. It’s 92 percent occupied with tenants including Dominion Eye Associates, Insight Physicians and the Cataract & Refractive Surgery Center.
The seller in the deal was another Bethesda-based commercial real estate firm, The Premier Cos. It had owned the property since 2006, when it paid $9.5 million, according to county records.
Premier Cos. has a handful of other local holdings, including the Meadowbrook Plaza Shopping Center in Chesterfield and the Premier Tech Center in Henrico.
The Richmond Business and Medical Center was most recently assessed by Henrico County at $10.1 million. Colliers International’s Will Bradley and Mark Williford represented The Premier Cos. in the deal.